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For sale
    • Price cut: $7K (7/13)
    $242,500

    4000 Gulf Terrace Dr Unit 105, Destin, FL 32541

    2beds
    982sqft
    : 
    $2,322/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $247/sqft
    $722/mo HOA

    What's special

    Secure gated entranceTennis courtsComes fully furnishedAmazing pond viewsFull washer and dryerTons of natural lightingDurable lvp flooring
    Motivated Sellers!! - Amazing pond views and easy coastal living in this beautifully updated 2-bedroom, 1-bath condo located in the heart of Destin! This charming unit with tons of natural lighting features durable LVP flooring, granite countertops in the kitchen, a full washer and dryer, and comes fully furnished, including a sleeper sofa for additional guest space, making it truly move-in or rental ready. Relax with peaceful amazing water views overlooking the pond, or take advantage of the incredible community amenities, including three swimming pools (one heated), tennis courts, on-site laundry facilities, and a secure gated entrance. The community also offers ample parking for boats, trailers, and recreational vehicles--perfect for embracing the coastal lifestyle. Located just minutes from Destin's gorgeous white-sand beaches, world-class fishing, boating, dining, shopping, and water sports, this property is ideal as a primary residence, vacation getaway, or investment opportunity. Short-term rentals are allowed, making this a fantastic opportunity for investors seeking strong rental potential. Live where others vacation--schedule your private showing today!
    164 days
    |
    672
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mandani Bell 850-324-8428,

    Coldwell Banker Realty

    Source: PAR,MLS#: 677916MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      • Area: 132
      • Dimensions: 11 x 12
      Bedroom
      • Level: First
      • Area: 187
      • Dimensions: 11 x 17
      Living room
      • Level: First
      • Area: 252
      • Dimensions: 18 x 14
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Refrigerator
      Features
      • Ceiling Fan(s)
      • Has basement: No
      Interior area
      • Total structure area: 982
      • Total interior livable area: 982 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Lot, RV/Boat Parking
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: In Ground, Heated, Community
      • Has view: Yes
      • View description: Pond, Water
      • Has water view: Yes
      • Water view: Pond, Water
      • Waterfront features: Pond
      Lot
      • Size: 18.75 Acres
      Details
      • Parcel number: 002s22109501050000
      • Zoning description: Res Multi
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      Materials
      • Block, Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Electric: Copper Wiring
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Picnic Area, Tennis Court(s)
      • Subdivision: None
      HOA
      • Has HOA: Yes
      • Services included: Association, Cable TV, Maintenance Grounds, Insurance, Maintenance, Management, Trash, Water/Sewer
      • HOA fee: $8,666 annually
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $247/sqft
      • Tax assessed value: $225,000
      • Annual tax amount: $2,147
      • Price range: $242.5K - $242.5K
      • Date on market: 2/19/2026
      • Cumulative days on market: 165 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/13/2026Price change$242,500-2.8%$247/sqft
        Source: Navarre Area BOR #995657 Report a problem
        6/1/2026Price change$249,500-1%$254/sqft
        Source: PAR #677916 Report a problem
        5/4/2026Price change$252,000-2.1%$257/sqft
        Source: Navarre Area BOR #995657 Report a problem
        4/6/2026Price change$257,500-0.8%$262/sqft
        Source: Navarre Area BOR #995657 Report a problem
        3/20/2026Price change$259,500-2%$264/sqft
        Source: PAR #677916 Report a problem
        2/21/2026Listed for sale$264,900$270/sqft
        Source: Navarre Area BOR #995657 Report a problem
        2/21/2026Pending sale$264,900$270/sqft
        Source: Navarre Area BOR #995657 Report a problem
        2/18/2026Listed for sale$264,900+211.6%$270/sqft
        Source: Navarre Area BOR #995657 Report a problem
        2/4/2003Sold$85,000$87/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,147 +2.8%$144,946 +10%
        2024$2,089 +2.7%$131,769 -42.7%
        2023$2,035 +27.4%$230,000 +43.8%
        2022$1,597 +20.3%$160,000 +38.5%
        2021$1,327 +17.9%$115,500 +28.3%
        2020$1,126 +4.6%$90,000 +5.9%
        2019$1,076 +8.9%$85,000 +10.4%
        2018$989 $77,000 +5.5%
        2017$989 +3.6%$73,000
        2016$954 +0.9%$73,000 +10.6%
        2015$946 +8.2%$66,000 +6.5%
        2014$874 $62,000 +6.9%
        2013-- $58,000 +3.6%
        2012-- $56,000 -3.4%
        2011-- $58,000 -13.4%
        2010-- $67,000 -9.5%
        2009-- $74,000 -21.3%
        2008-- $94,000 -36.1%
        2007-- $147,000 -21.4%
        2006-- $187,000 +42.7%
        2005-- $131,000 +107.9%
        2004-- $63,000 +8.4%
        2003-- $58,100 +1.9%
        2002-- $57,000
        2001-- $57,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32541

        Getting around

        48 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Local School In County
        • Middle: LOCAL SCHOOL IN COUNTY
        • High: Local School In County

        Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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        A local lender can help you make sure your offer is ready when you are.

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